March 14, 2013
MMX is planning to raise BRL300m ($153m) in the local bond market at its MM
MMX is planning to raise BRL300m ($153m) in the local bond market at its MMX Sudeste unit, it says. It does not give additional details regarding the 2014 debentures, to be done under the rule 476 restricted format, and a spokeswoman declines to comment on the banks involved. The distribution unit of MMX tapped the market in August of last year, raising BRL600m in 2014 bonds paying DI+3.5%, through Bradesco.